Photo by Trine Søndergaard
In the span of Margrethe Vestager’s impressive career, she has both created and facilitated change in Denmark and around the world. During the last decade, Margrethe Vestager has left visible footprints on the Danish political landscape as leader of the Danish Social Liberal Party. Today, she is proving herself a key factor of influence on global business due to her position as European Commissioner for Competition. As the only Dane and EU representative, Margrethe Vestager was named one of the 100 most influential people in the world in 2017 by Time Magazine. By virtue of her earnest efforts to effectively enforce competition laws and secure a fairer European economy, Margrethe Vestager has helped safeguard consumers’ competition rights in the face of rapid changes due to globalisation.
By protecting competition, the European Commission for Competition aims at enhancing consumer welfare for the more than 500 million people residing in the EU. The European Commission for Competition is notable in affecting global companies, having previously directed businesses to pay back multibillion dollar sums in taxes and interest.